Tag: GBPAUD

*To view the original Forex Update 2020 analysis and post, please click here* GBP Pairs – Weekly Charts  GBP pairs are either indecisive and ranging or down-trending. Weekly moving averages are crossing frequently or at least moving sideways, signalling market indecision. GBPAUD – price swung higher and was bullish (as suggested …

EURGBP – Daily and 4 Hour Charts As suggested in our last EUR analysis, the EURGBP closed above the tight range resistance area and was then bullish. Price is now moving in a much wider range on the weekly time-frame (0.8300-0.9320). The daily moving averages confirm the market indecision – …

  GBPAUD – Daily & 4 Hour Charts   GBPAUD is up-trending on the daily chart. Price has formed a daily bullish channel and is clearly bullish. The moving averages are bullish and widening, signalling that the uptrend could continue. On the 4 hour chart, GBPAUD is currently up-trending within …

2020 could provide some fantastic trading opportunities for day, swing and position traders. Our analysis below highlights some of these opportunities in the Forex markets…   AUD Pairs – Weekly Charts    Most AUD pairs are down-trending longer-term. Most have formed clear weekly bearish channels. Moving averages are bearish and …

  GBPAUD   GBPAUD is currently up-trending within a bullish channel. The moving averages are moving sideways, suggesting a lack of trend momentum. The GBPAUD is nearing pre-Brexit referendum prices. If the UK leave the EU with a deal – Price will likely move above the current bullish channel resistance …